South Korea is targeting potential investment opportunities in the refining of rare earth metals in Namibia, rather than mining.

Oryx Properties says its rental cash flow increased 6.4% to N$356.8 million during the year ended 30 June 2023.

Erwin Tjipuka has been appointed as Chief Executive of Standard Bank Namibia Holdings (SBN) and Standard Bank Namibia Limited, with effect from the 1st of October 2023.

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Most people aspire to be investors, seeking better returns on their money. Recent trends show that ordinary Namibians are increasingly willing to embrace the risks of investing.

Jauque Jansen has been appointed as the new Chief Financial Officer of Debmarine Namibia, with effect from the 1st of September, 2023.

Hangana Seafood’s 1,709 bargaining unit employees will benefit from a 7% basic salary increase starting from July 1, 2023, after the company and the Namibia Fishing Industry & Fisherman Workers Union (NFI & FWU) signed a substantive one-year agreement.

The Gondwana Collection Namibia has expanded its Secret Collection with the addition of the Weinberg Villa in Windhoek.

Vivo Energy Namibia is set to commence selling and distributing Liquefied Petroleum Gas (LPG) as part of its business offerings under the GasIt trademark, following the completion of the acquisition of the assets and business conducted by Triple J Energies Proprietary Limited for an undisclosed amount.

Oil major Shell has announced that its Cullinan-1X exploration well, offshore Namibia, did not yield a commercial oil and gas discovery.

At least 12,860 people have made use of their national identity documents to travel between Namibia and Botswana since the two countries scrapped the use of passports early this year, officials say. 

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